Kendrick, Wilson and Brittany Snow are all set to reprise their roles in the film, which will be released Aug. 4, 2017. Banks will also reprise her role as Gail. Kay Cannon, who wrote the first two films, will also write the third installment.
Banks is producing the film along with Max Handelman (her husband), Scott Niemeyer and Paul Brooks.
Banks made her directorial debut with "Pitch Perfect 2" and is now set to direct such films as "Red Queen" and Sony's reboot of "Charlie's Angels."